Category Archives: Industries
Three investors in talks with AMCON to acquire Aero Contractors
Three investors are in talks with the Asset Management Corporation of Nigeria to acquire Aero Contractor, our correspondent has learnt. It was gathered that the
NAICOM, CBN orders NIA to digitise marine insurance policy
The National Insurance Commission (NAICOM) and Central Bank of Nigeria ( CBN) have authorised the Nigerian Insurers Association (NIA) to digitise marine insurance certificate.The Chairman
NSE lifts suspension on African Alliance insurance
The embargo, earlier placed on the shares of African Alliance Insurance Plc, in 2018, has now been lifted by the Nigerian Stock Exchange (NSE), after
Beware of multiple economic, political risks in 2019
Considering the grim socio-political and economic developments in recent times, experts are of the view that the country has reached a point where sincere policy
NNPC is a mafia organisation, I’ll privatise it says Atiku
The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, said on Wednesday that he would privatise the Nigerian National Petroleum Corporation if elected, describing
Nigeria earns $640.35m from Crude export in Oct
The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of
Nigeria ranked among top 10 cheapest petrol selling countries – Report
Nigeria ranks among the top 10 cheapest petrol selling countries in the world, a policy group has revealed in its latest report. In its report
Aweskim Technology partners Apple, Slot on used phones
A leading dealer of used phones in Nigeria Aweskim technology recently signed a deal with leading mobile retail giant SLOT to be its official Trade-In
IYC writes Buhari over alleged non- compliance by indigenous oil firms
The Ijaw Youth Council (IYC) on Wednesday decried alleged non-compliance with the Nigerian Local Content Law by indigenous oil firms in the Niger Delta. The
Gencos threaten to shut down power plants
Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not
Exploring business opportunities in Malay apple farming
The most common apples consumed in Nigeria are mainly from South Africa, North America and Europe, and they are mainly temperate or meditteranean apples. However,
How Naira will find support from rising oil price
The Dollar tumbled against a basket of major currencies last week Wednesday, after minutes from the meeting of the United States Federal Open Market Committee
Buhari inaugurates Advisory Committee on Minimum Wage
President Muhamamdu Buhari on Wednesday inaugurated a Technical Advisory Committee on the implementation of the new National Minimum Wage and reiterated his commitment to its
Air Peace begins demonstrations for international flights
Air Peace says it has commenced demonstrations in preparation for its international flights, as mandated by the regulator, the Nigerian Civil Aviation Authority. The Corporate
Naira Exchange Rates